Toobit review
Toobit operates as a centralized exchange, managed by Future Planet PTE. Ltd., based in the Cayman Islands. It maintains a separate entity in Poland to serve users in the EU and EEA. An account registered without verification can withdraw up to 5 BTC within 24 hours, with no restrictions on deposits. However, new accounts face a restriction on withdrawals during their initial 24 hours. Purchasing cryptocurrency with fiat requires Basic Verification. Toobit may request documentation for any transaction and has the authority to suspend accounts it cannot verify. In our view, Toobit is suitable for crypto-only traders who remain within the 5 BTC limit.
ID above a limit
Toobit asks for ID above a limit, per its own pages.
Choose Toobit if
Who Toobit suits, from the values on this page.
Toobit might not be the right fit if
- You want to skip ID checks: Toobit's terms let it ask for ID.
- You do not want an account: Toobit needs one.
- You want Monero: Toobit does not list it.
- You want Lightning: Toobit does not support it.
Inside Toobit
Screenshots taken November 3, 2026
- Platforms
- Google Play, App Store, Android APK
What you get with Toobit
Yes, no or partly, from our dataPrivacy 0 of 6
- No IDNo
- No accountNo
- Tor built inNot statedNot statedToobit's own pages we checked do not say. This is not the same as no.
- Onion addressNoNone published
- I2P addressNoNone published
- Works without JavaScriptNot statedNot statedToobit's own pages we checked do not say. This is not the same as no.
Coins 1 of 4
- BitcoinYes
- MoneroNo
- LightningNo
- ZcashNo
Custody and code 0 of 3
- You hold the keysNo
- Open sourceNot statedNot statedToobit's own pages we checked do not say, checked Oct 14, 2026. This is not the same as no.
- Address screeningNot statedNot statedToobit's own pages we checked do not say. This is not the same as no.
When can Toobit ask for your ID?
Above a limit, per Toobit's own pages. Labels come from each provider's terms, never from our guess.
- 1Never, by designNo company holds your order, so nobody can ask
- 2Only if you chooseID only for extras you opt into
- 3If a payment is flaggedNo ID by default; checks when a risk system flags you
- 4Above a limitToobit is on this stepID once you pass a stated amount
- 5AlwaysID before you trade, deposit or withdraw
If a check comes and you do not pass it
Toobit may at any time limit, suspend or terminate the account or functions such as withdrawing, e.g. for suspicious transactions, suspected criminal proceeds, unverifiable information or at its sole discretion; it has no obligation to give the reason for suspending, terminating or freezing the account or the assets in it. Larger withdrawals may take up to 30 days.
“We have no obligation to inform you of the ground or basis for suspending, terminating or freezing your Account or any virtual assets in your Account or other actions we take regarding the Site, the Account, or the Platform.”
What triggers a check: Withdrawals above 5 BTC per 24 hours (Advanced Verification); buying crypto with fiat (Basic Verification); third-party fiat providers may require their own KYC; requests for information, documents and agreements related to any transaction; information that cannot be verified or authenticated; transactions flagged as suspicious, interaction with blacklisted wallet addresses or suspicious financial sources; when the account meets certain standards (privacy policy)
Not stated on Toobit's pages: fee on refusal, refund policyToobit's own pages we checked do not say. This is not the same as no.
Checked October 22, 2026
What Toobit costs
| What | Toobit |
|---|---|
| Trade fee | Not statedToobit's own pages we checked do not say, checked Oct 14, 2026. This is not the same as no. |
| No-ID limit | Withdrawals up to 5 BTC per 24 hours, no deposit limit, no fiat purchases; new accounts cannot withdraw during the first 24 hours. |
What Toobit knows about you
Who sees what during a trade, and who runs it.
During a trade
No ID check does not make a bank payment private.
Network and who runs it
- Governance
- Future Planet PTE. Ltd. (company)
- Requests from authorities
- Information may be disclosed to comply with the law, a court order or other legal process such as a subpoena
- Warrant canary
- Not published
Checked October 23, 2026
Track record and code
None found.
Incidents
None found
- Bug bounty
- Yes: Bug bounty page linked in the footer
- Support
- E-mail [email protected]; e-mail [email protected] (legal); support center with 24/7 technical assistance
Checked October 14, 2026
Community
Discussions about Toobit on Reddit (opens in a new tab) (r/toobit)
More facts we checked on Toobit
- Onion address
- Not published
- I2P address
- Not published
Toobit in the US and elsewhere
In the US
US availability: Available
If you are a US person, US sanctions rules apply to you whether or not a service asks for ID.
Outside the US
Where Toobit does not serve
37 places in its terms- Democratic People's Republic of Korea
Myanmar- Bulgaria
- Burkina Faso
- Cameroon
Democratic Republic of the Congo- Croatia
- Haiti
- Jamaica
- Mali
- Mozambique
Nigeria
Philippines- Senegal
South Africa
South Sudan
Syria- Tanzania
Türkiye- Yemen
- KENYA
- NAMIBIA
Afghanistan
Belarus- Central African Republic
Cuba- Ethiopia
- Hong Kong
Iraq- Lebanon
Libya- Nicaragua
- Somalia
Sudan- Uzbekistan
- Russian-controlledregions of Ukraine, including the Crimea, Donetsk, and Luhansk regions
- Venezuela
Show all 37 places+31 moreShow fewer
Regional rule: Not statedToobit's own pages we checked do not say. This is not the same as no.
- Site blocks by region
- Democratic People's Republic of Korea; Myanmar; Bulgaria; Burkina Faso; Cameroon; Democratic Republic of the Congo; Croatia; Haiti; Jamaica; Mali; Mozambique; Nigeria; Philippines; Senegal; South Africa; South Sudan; Syria; Tanzania; Türkiye; Yemen; KENYA; NAMIBIA; Afghanistan; Belarus; Central African Republic; Cuba; Ethiopia; Hong Kong; Iraq; Lebanon; Libya; Nicaragua; Somalia; Sudan; Uzbekistan; Russian-controlled regions of Ukraine, including the Crimea, Donetsk, and Luhansk regions; Venezuela
Where you live and the provider's terms
Many services on this page do not serve every country. Some exclude people because of where they live or their citizenship, not only where they connect from. Read the provider's terms before you send funds. If the terms exclude you, do not use the service, and do not try to get around the restriction, for example with a VPN.
Taxes
A service that does not ask for ID does not change your taxes. In the US, the federal income tax return asks a yes-or-no question about digital assets, and you must report digital asset transactions whether or not they result in a gain or loss. In the UK, you may owe Capital Gains Tax when you sell, swap or spend crypto, and you must keep your own records. Rules in other countries differ.
No KYC is not anonymity
"No KYC" here means the provider says it does not ask for ID in the cases its terms describe. It does not make you anonymous. Toobit's terms say it can ask for ID in these cases: Withdrawals above 5 BTC per 24 hours (Advanced Verification); buying crypto with fiat (Basic Verification); third-party fiat providers may require their own KYC; requests for information, documents and agreements related to any transaction; information that cannot be verified or authenticated; transactions flagged as suspicious, interaction with blacklisted wallet addresses or suspicious financial sources; when the account meets certain standards (privacy policy). Regulated exchanges you send funds from or to may have to collect information about who sends and who receives a crypto transfer. Your tax duties stay the same.
Funds can be held
If a provider asks for more information during a swap or a withdrawal, it may hold your funds until it gets it. Its terms decide what happens next. In the UK, a crypto business that asks for information on a transfer to or from a self-custody wallet, and does not receive it, must not pass the funds on. Read what the provider's terms say before you send. Toobit's terms say that if a check is requested and not completed: toobit may at any time limit, suspend or terminate the account or functions such as withdrawing, e.g. for suspicious transactions, suspected criminal proceeds, unverifiable information or at its sole discretion; it has no obligation to give the reason for suspending, terminating or freezing the account or the assets in it. Larger withdrawals may take up to 30 days.
Checked October 22, 2026
Exchanges to compare with Toobit
Other active services in this category from our list. The shield shows each one's ID rule from its own terms.
Toobit side by side
From our privacy data, the same fields for every service| What | Toobit | Crypton Exchange | NonKYC.io | BloFin | CoinEx | Pionex |
|---|---|---|---|---|---|---|
| ID rule | ID above a limit | No ID, by design | No ID, by design | ID above a limit | ID above a limit | ID above a limit |
| Account | Needed | Not stated | Needed | Needed | Needed | Needed |
| You hold the keys | No | Not stated | No | No | Not stated | No |
| Monero | No | Not stated | Yes | No | Not stated | No |
| Lightning | No | Not stated | No | Not stated | Not stated | No |
| Open source | Not stated | Not stated | No | No | Not stated | Not stated |
Checked October 23, 2026
Short answers about Toobit
From the data on this page.
Does Toobit ask for ID?
Toobit asks for ID above a limit, per its own pages. You need an account.
How much can you trade on Toobit without ID?
5 BTC per 24 hours, withdrawals.
Who holds your coins during a Toobit trade?
Held by the provider. Custodial: deposits go to an omnibus user account address of the platform, credited on its internal ledger.
Can you buy Monero on Toobit?
No. Toobit does not list Monero, per its own pages.
Who checked this page
Sources, how we read the terms and our process
Sources
- api.toobit.com/api/v1/exchangeInfo, for Monero, Zcash, bitcoin and Lightning, checked October 22, 2026
- toobit.com/en-US, for I2P address, checked October 22, 2026
- toobit.com/en-US/support/toobit-withdrawal-limit-guide, for status, checked October 22, 2026
- toobit.com/en-US/support/verification-benefits-at-toobit, for ID rule and no-ID limit, checked October 22, 2026
- toobit.com/support/privacy-policy, for data collected and requests from authorities, checked October 22, 2026
- toobit.com/support/toobit-terms-of-use, for US availability, checked October 14, 2026
- toobit.com/support/toobit-terms-of-use, for what triggers a check, what happens if a check fails, custody, custody in detail, account, excluded countries, platforms, governance, warrant canary, bug bounty, support, site blocks by region and onion address, checked October 22, 2026
- toobit.com/support/toobit-terms-of-use, for operator, checked October 23, 2026
How we read the terms
We do not give privacy services a score. We record what each provider's own pages say: when it asks for ID, the limits, who holds your coins and what it costs. Labels come from each provider's terms, never from our guess. How we read the terms
Our process
We take fees, availability, licenses and coin counts from primary sources: Toobit's own fee schedules, terms and help pages, and the public registers kept by regulators. Every value carries the date we last checked it. The values on this page were checked between October 14, 2026 and October 23, 2026.
Not legal or tax advice. This page explains how these services work and what their own terms say. It is general information, not legal, tax or financial advice. Rules differ by country and change often. Check the rules where you live, or ask a qualified professional, before you use any service listed here.